Economic Development

2016 SESSION
FISCAL REPORT

86th General Assembly
State of Iowa

Fiscal Services Division
Legislative Services Agency
July 2016

STAFF DIRECTORY
FISCAL SERVICES DIVISION
LEGISLATIVE SERVICES AGENCY

Holly M. Lyons, Director

[email protected]

State Capitol, Room G01 Telephone: 515-281-5279
Fax: 515-281-8027

Website: Staff List

NOTE: All phones are area code 515.

DIVISION ADMINISTRATOR

[email protected]

APPROPRIATIONS SUBCOMMITTEES ADMINISTRATION & REGULATION

Jennifer Acton Deb Kozel
281-6561 281-7846 281-6767

[email protected] j[email protected] [email protected]

Ethics & Campaign Finance Disclosure Board Governor’s Office of Drug Control Policy Human Rights Inspections & Appeals Lottery Authority Management Racing & Gaming Revenue Administrative Services Auditor Governor Iowa Public Employees Retirement System Office of the Chief Information Officer Secretary of State Treasurer

AGRICULTURE & NATURAL RESOURCES

Agriculture Environment First Fund Natural Resources

STAFF DIRECTORY

ECONOMIC DEVELOPMENT

Board of Regents – Economic Development Collective Bargaining

[email protected]

Cultural Affairs Economic Development Authority Iowa Finance Authority Public Employment Relations Board Workforce Development

EDUCATION

Board of Regents College Aid Commission Community Colleges Blind
Robin Madison Tim Crellin
281-5270 725-1286

[email protected] [email protected]

Education Iowa Public Television Vocational Rehabilitation

HUMAN SERVICES

[email protected]

Child Welfare Field Operations Foster Care General Administration Juvenile Justice and Institutions Child Support Recovery Family Investment Program (FIP), Promise Jobs, Food Stamps Temporary Assistance for Needy Families (TANF) Block Grant Children’ Health Insurance Program (hawk-i) Department of Aging Medical Health Institutes and Resources Centers Medicaid Mental Health/County-based Services Social Services Block Grant Veterans Home Child Care Department of Public Health Veterans Affairs

725-2200

[email protected]

Kent Ohms

[email protected]

STAFF DIRECTORY

JUSTICE SYSTEM

Board of Parole Department of Corrections
Alice Wisner Laura Book
281-6764

[email protected]

Department of Public Safety Homeland Security and Emergency Management Iowa Law Enforcement Academy Criminal and Juvenile Justice Planning Division Department of Justice
725-0509

[email protected]

Department of Public Defense Iowa Civil Rights Commission Judicial Branch Office of the State Public Defender

TRANSPORTATION, INFRASTRUCTURE, & CAPITALS

Transportation Capitals
Adam Broich Dave Reynolds
281-8223 281-6934
Infrastructure Iowa Communications Network

OTHER STAFFING ASSIGNMENTS
ADMINISTRATIVE RULES

Adam Broich Christin Mechler Tim Crellin
281-8223 281-6301 725-1286

[email protected] [email protected] [email protected]

(Fiscal Summary)

APPROPRIATIONS

[email protected]

281-5270 725-1286
RobinꢀMadison Tim Crellin

EDUCATION STANDING COMMITTEES FEDERAL FUNDS

Deb Kozel Jess Benson Ron Robinson
281-6767 281-4611 281-6256

[email protected] [email protected] [email protected]

FISCAL COMMITTEE GAMBLING

Dave Reynolds Alice Wisner
281-6934 281-6764

Dave Reynolds Christin Mechler
281-6934 281-6561

Robin Madison Jess Benson
281-5270 281-4611

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[email protected]

GOVERNMENT OVERSIGHT

STAFF DIRECTORY

WAYS AND MEANS

Jeff Robinson Kent Ohms
281-4614 725-2200

(Standing Committees)

LOCAL GOVERNMENT

Robin Madison Tim Crellin
281-5270 725-1286

PUBLIC RETIREMENT SYSTEMS

Jennifer Acton Ron Robinson
281-7846 281-6256

APPROPRIATIONS TRACKING FINANCIAL STATEMENTS

Dave Reynolds Jennifer Acton
281-6934 281-7846

[email protected]

Table of Contents

Budget Recap ............................................................................................................................................................... General Fund Receipts for FY 2016 and FY 2017 (graphs)........................................................................................... Revenue Estimating Conference (March 16, 2016) ...................................................................................................... General Fund Appropriations for FY 2016 and FY 2017 (graphs).................................................................................. Flow of General Fund Revenues After Expenditure Limitation (chart) ........................................................................... General Fund Balance Sheet for Actual FY 2015 and Estimated FY 2016 and Enacted FY 2017 (table) ...................... General Fund Appropriations by Act (table)................................................................................................................... General Fund Revenue Adjustments by Act (table)....................................................................................................... Expenditure Limitation Calculation (table) ..................................................................................................................... State of Iowa Reserve Funds (table) ............................................................................................................................. Taxpayer Trust Fund and Taxpayer Trust Fund Tax Credit Fund (table) ....................................................................... Adjusted Revenue Estimate and Reserve Fund Goal Calculations................................................................................ State Tax Credit Expected Claims Projection ............................................................................................................... Rebuild Iowa Infrastructure Fund - (RIIF) (table) ........................................................................................................... Technology Reinvestment Fund - (TRF) (table)............................................................................................................. Environment First Fund - (EFF) (table).......................................................................................................................... Iowa Skilled Worker and Job Creation Fund - (SWJCF) (table)..................................................................................... State Bond Repayment Fund - (SBRF) (table) .............................................................................................................. Health Care Trust Fund - (HCTF) (table)....................................................................................................................... Hospital Health Care Access Trust Fund - (HHCAT) (table)…………………………………………………………………... Quality Assurance Trust Fund - (QATF) (table)………………………………………………………………………..……….. Temporary Assistance for Needy Families Fund - (TANF) (table).................................................................................. Medicaid Fraud Fund (table) ......................................................................................................................................... Comparison of All State Appropriated Funds (table)...................................................................................................... Common Acronyms Used in the Appropriations Tables................................................................................................. General Fund Appropriations to Departments for FY 2016 and FY 2017 (tables).......................................................... Other Fund Appropriations to Departments for FY 2016 and FY 2017 (tables).............................................................. Federal Funds Appropriations to Departments for FY 2016 and FY 2017…………………………………………………… Authorized Full-Time Equivalent Positions (FTEs) for FY 2016 and FY 2017 (tables) ...................................................
1468
10 11 12 13 14 15 16 17 18 19 23 24 25 26 27 28 29 30 31 32 33 36 59 78 84

SF 2314 HF 2454 HF 2455 SF 2323 HF 2460
Administration and Regulation Appropriations Act...................................................................................... Agriculture and Natural Resources Appropriations Act............................................................................... Economic Development Appropriations Act................................................................................................ Education Appropriations Act ..................................................................................................................... Health and Human Services Appropriations Act.........................................................................................
104 133 159 184 218
HF 2457 HF 2458 SF 2320 SF 2324
Judicial Branch Appropriations Act............................................................................................................. Justice Systems Appropriations Act ........................................................................................................... Transportation Appropriations Act .............................................................................................................. Infrastructure Appropriations Act................................................................................................................ Infrastructure Appropriations by Funding Source (table).............................................................................
331 336 363 378 412

SF 2308 HF 2459 SF 2109

SF 2313

Enhance Iowa Appropriations Act………………………………………………………………………………… Standings Appropriations Act..................................................................................................................... FY 2016 Supplemental Appropriations Act ………………………………………………………………………

Workforce Development Act........................................................................................................................

415 427 447

470 476 478 481 484 490 496 498 501 505
HF 2433 HF 2436 HF 2445 HF 2464 HF 2468 SF 2300 SF 2301 SF 2306 SF 2309 SF 2312
IRC Update and Manufacturing Consumables Act ..................................................................................... Real Estate Appraisal Management – Registration and Supervision.......................................................... Casino Promotional Play Taxation…………………………………………………………………………………. Petroleum Tanks Fund and Financing Program Act................................................................................... Revenue Department Miscellaneous Changes Act .................................................................................... Renewable Chemical Production Income Tax Credit Act……………………………………………………….. College Savings Accounts by Nonprofit and Community Foundations Act…………………………………… Disaster Response, Out-of-State Businesses Act……………………………………………………………….. Biofuel Tax Incentives Act…………………………………………………………………………………………... Sales Tax Rebates, Baseball and Softball Tournament Facilities Act………………………………………….

HF 2046 HF 2146 HF 2439
Child Endangerment Resulting in Death Act…………………………………………………………………. Lottery Self-Service Kiosks……………………………………………………..............................................

E911 Surcharge Fund Act…………………………………………..............................................................

508 513 515 518 519 523 527 529 532 534 536
SJR 2007 Educational Examiners Board Fees, Nullification Resolution ………………………………………………. SF 174 SF 175

SF 2116 SF 2147 SF 2191 SF 2196 SF 2326

School Supplemental State Aid, State Percent of Growth FY 2017 Act……………................………….

Categorical Supplemental State Aid Act………………………………………………………………………

Controlled Substances Schedules Act…………………………………………………………………………

IPERS Protection Occupation Act............................................................................................................. Human Trafficking Office Act.....................................................................................................................

Literacy Requirements in Teacher Preparation Act.................................................................................

E911 Funding Act.....................................................................................................................................

BUDGET RECAP FOR FY 2015 - FY 2017

Fiscal Year 2015. The FY 2015 General Fund budget ended the fiscal year with a surplus of $410.7 million. This was $324.2 million less than the estimated surplus at the time the original FY 2015 budget was enacted during the 2014 Legislative Session, and $46.4 million more than the revised surplus that was estimated at the close of the 2015 Session. Several factors contributed to the change in the surplus:

Net General Fund receipts for FY 2015 ended the year at $143.9 million, or 2.1% less than originally estimated at the close of the 2014 Legislative Session. The original FY 2015 budget was based on the December 2013 revenue estimate of the Revenue Estimating Conference (REC) that totaled $6.983 billion. During the 2014 Legislative Session, $19.6 million in revenue reductions were also enacted, resulting in estimated net receipts of $6.964 billion. In subsequent meetings, the REC lowered the estimate largely due to reductions in personal and corporate income tax collection. Also contributing to the reduction was the enactment of SF 126 (Internal Revenue Code Update Act) in February 2015, that reduced the revenue estimate by $99.0 million. The Act retroactively conformed Iowa’s revenue laws to incorporate federal changes enacted from January 1, 2014, through January 1, 2015.

The final surplus carryforward ended the fiscal year at $647.2 million. This amount was $98.5 million, or 13.2% less than estimated when the FY 2015 budget was first enacted. The reduction of the surplus carryforward was the result of a lower than anticipated General Fund surplus in FY 2014.

After final reversions, net appropriations totaled to $81.8 million, or 1.2% more than the initial estimated budget, due to supplemental appropriations, as well year-end adjustments to standing appropriations. A net total of $56.0 million in supplemental appropriations and deappropriations were funded for FY 2015. This included supplemental appropriations of $58.8 million for Medicaid, $9.5 million for Commercial Property Tax Replacement, and $3.5 million for other programs. There were also $15.8 million in deappropriations enacted, resulting in an offset of a portion of the increases. Standing appropriations ended the fiscal year $27.9 million more than originally budgeted. The majority of this increase resulted from State Appeal Board claims exceeding the estimated FY 2015 budget by $17.8 million.

The combined balances in the Cash Reserve and Economic Emergency Funds total $697.8 million in FY 2015. Fiscal Year 2016. Iowa is experiencing a slight slowdown in revenue growth for FY 2016, though some economic indicators are sending mixed signals. The October and December REC made decreasing adjustments to the original FY 2016 revenue estimates, citing low commodity prices and the respective impact on farm income, a weak global economy, and a stronger U.S. dollar resulting in a reduction of exports, increase in inventories, and falling of oil prices. However, employment growth in Iowa remains positive, as does wage and salary growth.

The REC met on March 16, 2016, and set the FY 2016 revenue estimate at $7,045.6 million, remaining unchanged from the December estimate. The estimate represents revenue growth of $225.9 million, or 3.3% compared to FY 2015.¹On March 21, 2016, the Governor signed HF 2433 (IRC Update and Manufacturing Consumables Act), that reduced the FY 2016 General Fund revenue estimate by $97.6 million, or 1.4%.

¹Normal annual growth is generally estimated to be in the 5.0% to 6.0% range.

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